Investment Overview

The offering consists of a vacant 6,624 square foot strip center in Spring, Texas. It is situated on 0.4 acres of land and fronts on Barren Springs Drive. The building had a full renovation in 2023 including: updated roof, building wash, building repaint, parking lot restriped, interior cleanup, cleaned gutter line, cleared storm drain, and trash cleanup. All suites are move-in ready. The asset is located in a highly dense region of North Houston. It is located right off I-45 and surrounded by numerous apartment buildings, townhomes, and directly next to a residential community. There have been various new developments, including multiple office buildings directly across, Pinnacle Plaza @ Airtex, and Y-Shops @ Airtex. Lupe Tortilla, Whataburger, Toasted Yolk Cafe, Saltgrass Steak House, and Commons at Commerce Park North Shopping Mall are among some of the national retailers nearby. The North Submarket is a densely populated and very diverse community in Houston, Texas. Retail here benefits from the high household density and boasts plenty of multicultural restaurants and grocery stores that cater to the local diverse population. Within a one, three, and five mile radius, the population totals over 12,801, 115,114, and 289,407. Average household incomes are $49,099, $60,326, and $70,747 within a one, three, and five mile radius respectively.